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Not a capital raise just access if needed $50M
Something brewing for expansion?
My portfolio just had a baby khrnf...:)
Just reporting first hand experience to counter the myths told for control nothing more nothing less. It problem with focusing on the crappy bloated companies that over promised and under delivered you miss out on companies that are putting in the work and making gains every quarter growing in a solid way without the hype. Not as sexy but much more effective. Who has more likelyhood of doubling in the next year? A weed company that has a riddiculous price at $15 or $30 or a company that is making the same undifferentiated product and costs 50 cents?
I am very happy here playing the swings
They are your "stories", tell it anyway YOU see it.......be as gay as you wannabe.
P.S. every time these stink ass Canadian MJ stocks report lousy Revenue numbers (Aphria) they drag the rest of the MJ stocks down with them.
https://finance.yahoo.com/m/9fb989b4-9730-30ff-9ef5-f2de1b10087d/marijuana-stocks-fall-as.html
Lol :) they are observations of sentiment. Sentiment moves markets too and nothing but technical analysis gives a skewed understanding. I am glad you are amused! Humour is healthy ;) It is interesting seeing all the different view points. Some of my best info comes from a bitter stoner on the Canopy board. I know I get political at times that too can move markets. The world is changing and we must adapt or be left on the sidelines. If people only hear propaganda they are not served well. I live in what America calls socialist and I thrive. First person observation. I get shirty sometimes because of the nonsense I read from those who have no knowledge of how it really is. There is good and bad in every system I just aim for the best possible outcome for the largest number of people. There is a disclaimer below every post He he.
You too! Thanks for all the info.
Of for sure, I 100% agree with you. Mexico is done (almost). Canada has been done for a while (but stumbled their roll out). The U.S. is the one country in North America that can't get their act together! lol Sandwiched between two WAY MORE progressive countries.
I'm in Seattle and miss visiting all my friends in Vancouver. I wish this COVID crap would hurry up and get under control. I want the border open!!
Have a great weekend.
They will still get it done before the US does. Never thought I would see the day. I hope they just let it go and the court order stands and cannabis is just another healthy veggie. That is what it really is anyway
and then yesterday...
https://www.marijuanamoment.net/mexican-senators-seek-yet-another-extension-of-marijuana-legalization-deadline/
Mexican Senators Weigh Yet Another Extension Of Marijuana Legalization DeadlinePublished 1 day ago on April 8, 2021By Kyle Jaeger
Mexican senators are again considering requesting an extension of a Supreme Court deadline to legalize marijuana after determining that a reform bill moving through the chamber contains multiple “inconsistencies” and could be unconstitutional.
It was late 2018 when the court first declared that the country’s prohibition on cannabis itself is unconstitutional and ordered lawmakers to enact a policy change. The initial deadline to make that change was October 2019, but for one reason or another, senators have repeatedly asked to push back the timeline, and the court has accepted each request.
Senators have pointed out that the bill as it stands is critically internally conflicted—on provisions concerning legal possession limits, the definition of hemp and other issues—and lawmakers themselves could be subject to criminal liability if it went into effect as drafted.
The legislation at issue originated in the Senate, which passed it in November. The Chamber of Deputies then took it over, made a series of revisions, approved the proposal last month and then sent it back to the Senate for final consideration. There’s been talk of inconsistencies among senators as the bill has moved through two Senate committees this week, but despite that progress, another deadline extension is now on the table.
The media outlet Excelsior reported that the Senate’s Board of Directors formally asked the court on Wednesday night for more time to work on the cannabis bill’s provisions, but a top lawmaker said on Thursday that wasn’t the case and they are still deliberating on whether to submit the request.
Still, it seems senators are leaning toward that option and are interested in taking the bill back up during the next session starting in September.
“I am convinced of the need to regulate it. I have always been a promoter of this reform as it was approved in the Senate,” Majority Leader Ricardo Monreal Avila said at a press conference, according to a translation. “It was the product of many months of work. However, the Chamber of Deputies modified it and in the Senate there is a decision to review it and act with great caution because, for me, this is one of the most important laws that Mexico can enact.”
“I have been talking with several legislators from all parliamentary groups who have concerns about this legislation, and there is this possibility of requesting [from] the court another deadline to complete the legislative process,” he said.
The top senator also talked about the importance of lawmakers taking their time to craft good policy and not rush amidst lobbying from tobacco and pharmaceutical industry interests.
“We must not allow ourselves to be pressured by interests,” he said. “The Senate must act with great prudence in this matter.”
Excelsior reported that it obtained a Senate document determining that revisions made by the Chamber of Deputies infringes on human rights “and the Political Constitution of the United Mexican States is violated and there is even the risk of not complying with the Declaration of Institutionality.”
Monreal said at an earlier press conference on Tuesday that if lawmakers don’t seek or obtain an extension and also fail to legalize marijuana legislatively by the current April 30 deadline, the court can unilaterally declare prohibition unconstitutional without establishing regulations for a market, and the result would be “chaos.”
“It is not easy, and the Senate has a big problem,” Monreal Avila said on Tuesday, according to a translation.
“We must not create imperfect laws. We must legislate with the greatest cohesion and with the aim of solving social problems that are occurring,” he said. “Neither economic purposes, nor profit purposes, nor collection purposes can be placed above social interest.”
The Senate’s official Twitter account, meanwhile, quizzed followers this week about the legislative process on enacting cannabis reform.
But even more questions remain with respect for the Senate. For example, will the legalization bill still proceed to its third and final committee as initially planned? Would the Supreme Court grant yet another deadline extension, and until when? And what kind of revisions are needed in order for the legislation to be resolved?
While senators have blamed the other chamber for problems in the cannabis bill, Dep. Martha Tangle said in a tweet on Thursday that the the issues emerged in the initial legislation as passed by the Senate.
The court “should not give a new extension to Congress,” she said, adding that there is “no will of the legislators of [MORENA] to do their job.”
Sen. Eduardo Ramírez Aguilar of the ruling MORENA party said last month that “at this time, it is important to legislate in the terms that are presented to us” and then consider additional revisions to cannabis laws through subsequent bills.
Under the proposal, adults 18 and older would be allowed to purchase and possess up to 28 grams of marijuana and cultivate up to six plants for personal use. The deputies made changes that principally concern the regulatory structure, rules for the commercial market and licensing policies.
One of the most notable changes is that the revised bill would not establish a new independent regulatory body to oversee the licensing and implementation of the program as was approved by the Senate. Instead, it would give that authority to an existing agency, the National Commission Against Addictions.
Deputies also approved additional revisions to increase penalties for unauthorized possession of large amounts of cannabis, prevent forest land from being converted to marijuana growing areas and to require regulators to “coordinate campaigns against problematic cannabis use and…develop permanent actions to deter and prevent its use by minors and vulnerable groups.”
Advocates had hoped for more. Throughout this legislative process, they’ve called for changes to further promote social equity and eliminate strict penalties for violating the law.
While the bill would give priority for licenses to marginalized communities, advocates are worried that there might not be strict and specific enough criteria to actually ensure that ends up being the case. They also pushed for an amendment to make it so a specific percentage of licenses would be set aside for those communities, but that did not happen.
Monreal Avila, the Senate majority leader, said ahead of the Chamber of Deputies vote that there “is no problem if they modify the cannabis law, we have no problem.”
“That is their job and their function. And on the return we will review whether or not they are appropriate,” he said, according to a translation. “The idea is to regulate the use of cannabis and not ignore a prohibitionist approach that generated a great social problem in the country.”
President Andres Manuel Lopez Obrador, for his part, said in December that a vote on legalization legislation was delayed due to minor “mistakes” in the proposal.
The legalization bill cleared a joint group of Senate committees prior to the full floor vote in that chamber last year, with some amendments being made after members informally considered and debated the proposal during a virtual hearing.
Members of the Senate’s Justice, Health, and Legislative Studies Committees had approved a prior version of legal cannabis legislation last year as well, but the pandemic delayed consideration of the issue. Sen. Julio Ramón Menchaca Salazar of the MORENA party said in April that legalizing cannabis could fill treasury coffers at a time when the economy is recovering from the health crisis.
As lawmakers work to advance the reform legislation, there’s been a more lighthearted push to focus attention on the issue by certain members and activists. That push has mostly involved planting and gifting marijuana.
In September, a top administration official was gifted a cannabis plant by senator on the Senate floor, and she said she’d be making it a part of her personal garden.
A different lawmaker gave the same official, Interior Ministry Secretary Olga Sánchez Cordero, a marijuana joint on the floor of the Chamber of Deputies in 2019.
Cannabis made another appearance in the legislature in August, when Sen. Jesusa Rodríguez of the MORENA party decorated her desk with a marijuana plant.
Drug policy reform advocates have also been cultivating hundreds of marijuana plants in front of the Senate, putting pressure on legislators to make good on their pledge to advance legalization.
This story has been updated to reflect that a deadline extension request has not been submitted and to add comments from the majority leader.
Fantastic news! Things are starting to come together :)
That message was deleted.
Cannabis is not the problem when it comes to mental health in young people..... alcohol is!
https://hightimes.com/health/science/study-shows-alcohol-impacts-cortical-thickness-young-adults-cannabis-does-not/?amp
Study Shows Alcohol Impacts Cortical Thickness in Young Adults, Cannabis Does Not By
Addison Herron-Wheeler
19 hours ago
A new study refutes what many claim is a danger of legal cannabis, as the findings showed that, while alcohol can have an impact on cortical thickness in younger users, cannabis does not.
The study, titled “The effects of alcohol and cannabis use on the cortical thickness of cognitive control and salience brain networks in emerging adulthood: A co-twin control study,” was published in the journal Biological Psychiatry and conducted by researchers at the University of Minnesota.
These researchers looked at the relationship between alcohol and cannabis exposure when it comes to the brain morphology of young adults. It considered a population-based sample of 436 twins, all 24 years old. By looking at frequency, density, quantity, and level of intoxication from both alcohol and cannabis, the researchers were able to gather data about how cannabis impacts cortical thickness. The cortical consistency was measured using magnetic resonance imaging.
When conducting this research, the team kept in mind that other studies often assume that even casual substance exposure can have an impact on brain structure. However, until now, this was a largely untested theory, and one that does not take other factors like familiar risk into account. By studying the twins who were using alcohol and cannabis, the study was able to directly measure how the two different substances can affect people.
The study explained, “Greater alcohol, but not cannabis, misuse was associated with reduced thickness of prefrontal and frontal medial cortices, as well as [the] temporal lobe, intraparietal sulcus, insula, parietal operculum, precuneus, and parietal medial areas.”
Related Post
1. ?
2. ??New Mexico Lawmakers To Have Special Legislative Session On Marijuana Law ReformA previous effort to legalize cannabis fell short, but Governor Grisham isn't done fighting.?
Why These Findings Matter
The reason this research is so important is that intellectual ability is thought to be related to brain structure, including how thick the cerebral cortex is. Thus, it is very important to understand how substances and other impacts can change that thickness. But, in the case of cannabis, it seems the thickness wasn’t changed much.
“No significant associations between cannabis use and thickness were observed,” the study concluded. This study provides novel evidence that alcohol-related reductions in cortical thickness of control/salience brain networks likely represent the effects of alcohol exposure and premorbid characteristics of the genetic predisposition to misuse alcohol. The dual effects of these two alcohol-related causal influences have important and complementary implications regarding public health and prevention efforts to curb youth drinking.”
This is consistent with the findings of other studies, literature reviews, and papers, most of which claim that any damage done is probably from alcohol, not from cannabis. A literature review of many studies posted in JAMA Psychiatry explains that, “Associations between cannabis use and cognitive functioning in cross-sectional studies of adolescents and young adults are small and may be of questionable clinical importance for most individuals. Furthermore, abstinence of longer than 72 hours diminishes cognitive deficits associated with cannabis use. Results indicate that previous studies of cannabis youth may have overstated the magnitude and persistence of cognitive deficits associated with marijuana use.”
As the world opens up for more research about cannabis to be done, no doubt more misconceptions will be dispelled.
Yes they are often nonfactual and sometimes funny! Lol!
Thank you slayer :) I will lol! Good luck to you! Isn't this a giddy time to be alive? So many possibilities! And We get to make gobs of money making the world a better place
Happy I've enjoyed your posts and your opinions for quite some time and not only on this board please keep posting.
That post is ironic as he fails to see California alone with its per capital income being so much larger than Canada and its weak market. Tilray/ Aphria merger was born out of necessity IMO. Tilray is diluting now with their ATM financing. Last I saw California had one of the top ten economies in the world. Canada is an “also-ran”. Canada LP’s will need to branch out to survive.
That is true. The planet has billions and Canada can export and make deals without the fetters that bind the US producers. As it stands now the US is like 52 little individual countries. The challenge for the US companies is that they have to do all of their growing, processing, distribution and sales in each state. Hard to make economies of scale possible. Even with some legislation interstate commerce is years away in my opinion. I hope not, but realistically it is a ways off. California and other costal states may be able to manage exports but who knows. The smart guys are sharing branding and IP for future consolidation. California does have a larger population they also have much more competition due to the saturation of the market there. New York, we will see what they manage. It is a challenge (and expensive) to grow good weed in the north but it is possible. 2.0 and 3.0 CPG is where the gains will be made. A lot depends on how the politicians handle the situation. Infighting will just cost them their first mover advantage while cooperation will make them unstoppable. It will be interesting to see which they will chose. There is never a dull moment in the cannabis space. If they actually free the plant it will be amazing. Biden seems to be balky and backward which is surprising but not really. He is old and of the “demon weed” mentality. It is too early to tell which way the legislation will go but I am here with my popcorn.
Recreational Cannabis legalized
All of Canada population 37.59 million
California alone 39.98 million
New York (legalized this weekend) 18.83 million
That not counting the other 13 other states.
The US without federally approved is still a much larger market.
Lol! The Canadian market will do just fine! Many of my holdings are exporting to other countries now since they got their GMP certification and can write off their expenses like every other legal business. I think now the early funny money has settled I will be very well rewarded for my patience on that front. The only one I know that is counting on the US market is Canopy but they are now basically owned by a US corporation. The otc is full of companies listed on the Canadian stock exchanges they can not even list in their own country because the rules there are so bizarre. Cannabis will be sold by the bushel like every other commodity so they had better differentiate themselves with CPG products or grow the most premium bud.Their pricing is inflated for what they are producing and the short sellers are having a heyday. Like Tilray, their price went up due to short squeezes rather than their actual value
I am impressed you know that all of that talent came from Canada! Good for you :)
Ignorance is Bliss for you it seems. Oh well.
Too bad the Canadian market is so weak. The Canadian LP's can't make any money up there as they continue to dilute shareholder's. It only makes sense they are trying to enter the US market to make money as well as elsewhere. Meanwhile many of the OTC US continues are making money hand over fist. If Federal approval ever comes here it will allow them to uplist and seek friendlier financing.
OH BTW...thanks for Michael J. Fox, Jim Carrey, Wayne Gretzky......of course you know where they went to get rich? You got it......Good Old USA.
No amount of explanation can help a man who will not hear. It takes all kinds to make the world and we are all here. I know where I am, I know what I own and any newspaper feed will illustrate my points :) Mexico is ahead of the USA on the legalization front. Mexico and the rest of the world are making progress and that fact is available for all to see. That progress opens up all of South America to a legal network and Khiron is in an excellent position to benefit. Brazil, Columbia, Peru, now Mexico. The future is very bright
Good luck to all :)
This one is so nonsensical I can't stop laughing. You're funny.
All that ridiculous babble...what's your point? Wait let me put my waders on first because the shyte is getting deep!
Mix in a little fact why don't you. I find myself putting on my "waders" when seeing your "posts".......hmmmm that's a lotta bull!
You are so entrenched in the self attribution fallacy you hear nothing else. When people post their opinion, I will post mine. That is what a discussion is. The political realm has great bearing on the investment we are all interested in and facts are not changed by wishing. Go Khiron. It has more likelihood of accelerated growth now Mexico has legalized the largest country for medical and recreational cannabis to date and they have unlimited upside.
Peterffy was born in Budapest, Hungary on September 30, 1944, in a hospital basement during a Russian air raid. His father emigrated to the US after the failure of the Hungarian Revolution in 1956. Thomas Peterffy, who went by Péterffy Tamás at the time, left his engineering studies in Hungary and emigrated to the United States to rendezvous with his father in New York in 1965. When his father, who was living with his second wife, did not have room to accommodate his son, he gave Thomas $100 and told him to make something of himself. There he began the journey that would make a multi-billionaire out of a penniless refugee.
Thomas Peterfy became wealthy through hard work!
$$$KHIRON$$$
Thomas Peterfy grew up poor! That man got where he is through HARD WORK! YOU HAVE A PROBLEM WITH THAT? Underachieving your "thing"? You are on IGNORE.....too much BS opinion. Ignorance is bliss for some!
Ridiculous statement not based on FACT! More BS opinions! Don't change the subject by reverting to "politics"!
Exactly! Democrat: (Biden) lays his left hand on your right shoulder all the time talking and smiling at you. Meanwhile.....he’s picking your pocket with his right hand.
Democrats love government control (regulation) and raising taxes to pay for THEIR programs.
BOTTOM LINE: with Obama in office I took less money home than I did while Trump was in office. All other issues aside.
Socialism sucks. It stifles innovation without the “profit” motive intact. I don’t need more regulation in my life.
In all the other situations the government was not paying the guy with the golf club in his hands. Paying him while he talks of not taking taxpayer money. The other presidents were paying other hoteliers. Its in the past it does not matter and opinions are just that. Humans do things good and bad. Go Khiron
I didn't bring it up but I did notice you did not request the one that brought up politics several times not to talk about it.
That is the problem.
This board is about our common investment. I despise Trump but this is not the place to debate it. Please leave politics out of the room. Thx.
Like, Khiron, In a free market society if your product is cheaper than the competition is that self serving? (which actually saved the country money) I guess it is self serving to put one's country and it's citizens before all others. You do realize that those same security guards were guarding Obama while he was playing golf, shooting hoops and entertaining celebrities with the public dime. Last 5 presidents (which includes this one), one man came in rich left with less worth than he came in with, 3 of the other 4 came in as middle class and on a public servant salary came out rich. What party were they?
Self serving right you just got it backwards.
Thought you lived in Socialist Canada!
Ya pay the bill with your gains! You dump and rebuy your holdings, we in the USA (not Canada) lose the possibility for long term capital gains for next year!
I was a tax accountant for 12 years!
that is just great...
CharlieB
Now is the time investors have to pay the bill. They will dump what they perceive as losers to pay the bill and bank the loss for the future. They can buy these back on another dip not as predictable what faang stocks will do
Yep.....Obama 2.0!
Too late to sell for tax loss to benefit for current IRS tax filing. Tax loss selling typically occurs November/December to reap the benefits you are speaking of. Selling now to harvest tax losses would be of no benefit for current tax filings (for 2020). It would only benefit a person on next years filings (for 2021). Much too early to consider tax loss selling for next years IRS tax filing for individuals.
More likely pay the IRS syndrome. It is tax time and people will sell their low holdings to off set capital gains. It happens every year in the small weed space
Small cap stocks are getting killed today (again). Khiron holding well at this PPS. Bid side is heavier today and recently at .50 and above. Ask side much smaller with the Three Stooges (OTCX,VALX and INTL) with smaller lots on the ASK side. CDEL has flipped to the Bid side (for now). If/When we get some good revenue numbers there will be some chasing. IMO. In a stronger market, absent this damn rising bond interest rate scare, I believe KHRN would be sitting higher.
No worries though......love the management and their vision.
$KHRNF$
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